Zillow and Yahoo! Real Estate Partner To Create Powerful Ad Alliance!

By
Services for Real Estate Pros with Zillow

I am so excited to share with you, what I think is one of the biggest announcements Zillow has made to date for our real estate partners!  Soon For-Sale listings on Zillow will be getting almost twice the exposure through an alliance formed with Yahoo! Real Estate

Essentially the second and third largest real estate sites (per comScore) are coming together to form an exclusive partnership creating the most far-reaching real estate ad network on the web.  The integration will take a few months to complete, but once in place, Zillow will power all For Sale listings on Yahoo! Real Estate.  

What this means for Zillow's agent and broker partners:

  • For-sale listings placed on Zillow will automatically appear on Yahoo! Real Estate, helping brokers by decreasing the number of data feeds they need to support.
  • The core listing data on Yahoo! Estate will be the same as on the Zillow website, with core home details (number bedrooms and bathrooms, square feet) in addition to Zestimates, price history, listing description, etc.
  • After the launch of the partnership, advertisers who buy Showcase Ads or Featured Listings will automatically have those placed on Yahoo! Real Estate and Zillow.
  • The successful Zillow Premier Agent program will be extended to Yahoo! Real Estate, and current Zillow advertisers will be offered the first chance to purchase Premier Agent placement on Yahoo!
  • Outbound links that appear on Zillow, as provided in the data feed, will also appear on Yahoo! Real Estate. 

Yahoo! Real Estate has consistently had one of the largest real estate audiences on the web and one of the most recognized brands in the industry. Historically it has been hard for local real estate agents and brokers to have the means to market their listings and services to this audience. The partnership with Zillow opens up the Yahoo! platform to local real estate advertisers and industry partners. 

I'll be sure to keep you updated as more details become available, such as a more concrete time line.  When this partnership is fully launched, it will be huge for real estate professionals, Zillow and Yahoo! Real Estate alike! 

If you'd like to talk to someone about this in more detail, please call 866-324-4005.

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Spencer Rascoff 07/09/2010 04:25 AM
  2. Lane Midgett 07/24/2010 08:26 AM
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Tags:
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yahoo
listing distribution

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Rainmaker
558,219
Maggie Dokic | Miami, FL | 305.81.HOUSE (46873)
eXp Realty LLC - Miami, FL
GREEN, CDPE, SFR, Pinecrest | Palmetto Bay |

Our state association just included this in their "news" email, 3 days later.  What kind of news is that? lol

Congrats on the contract.  Pretty big stuff.

Jul 12, 2010 07:09 PM #7
Rainmaker
121,073
Spencer Rascoff
Zillow - Seattle, WA

Thansk Maggie! Good to hear.

Jul 13, 2010 03:43 AM #8
Rainmaker
1,051,721
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Sara, I signed up for Yahoo Real Estate - professional, affiliation and await the contact info after my application is processed...I hope to be involved and making a contribution to the site soon.

Jul 19, 2010 10:01 AM #9
Rainmaker
885,945
J. Philip Faranda
J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY - Briarcliff Manor, NY
Broker-Owner

On a related note, my company has announced a joint venture with Manny's Roadside Veggie stand to bring you the highest fiber, fat free home search this side of the Harlem River. 

Jul 20, 2010 12:49 AM #10
Rainmaker
1,826,887
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

The marketing world keeps turning and change is always showing up with potential opportunities !

Jul 20, 2010 02:17 AM #11
Rainer
37,160
Jim & Cathy Wood Greater Nashville Area Real Estate
Crye-Leike Realtors, Inc. - Mount Juliet, TN

Sara-

Thanks for this info

Jul 20, 2010 02:19 AM #12
Rainer
54,892
David Okada
Douglas Elliman Real Estate - Manhattan, NY
Service-Beyond Your Expectations

This is terrific news and will help the sellers and buyers as well to have a single source.

Jul 20, 2010 03:38 AM #13
Anonymous
Stacey Mayer

Hip, hip, hooray for Zillo! The multiplier effect of this deal is marvelous. Clearly, you're leveraging the net for everyone's benefit. Wow.

Jul 20, 2010 09:05 AM #14
Rainer
113,676
Susan Gaieski
Water Pointe Realty Group - Jupiter, FL
Director for Social Media & Technology

wahoo for yahoo and zillow - great news - thanks Sara

Jul 20, 2010 09:36 AM #15
Rainmaker
182,040
Sara Bonert
Zillow - Atlanta, GA
Real Estate Internet Marketing

Thanks all for then notes - it is really going to be great once implemented. 

Susan - wahoo for yahoo and zillow - I like that!  WYZ!

Jul 20, 2010 09:46 AM #16
Rainmaker
449,858
Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Sara~  That does seem like a great idea.  I  just may be interested in a certain zip code....

Jul 20, 2010 03:11 PM #17
Rainmaker
135,650
Paul Francis
Francis Group Real Estate - Las Vegas, NV
Las Vegas Real Estate Agent - Summerlin Homes

Are you taking over Prudential's IDX feed?

Jul 23, 2010 07:34 PM #18
Rainmaker
34,902
Speed Equity® Mortgage Acceleration System
Speed Equity® - Olympia, WA
We help your clients Own Their Homes Years Sooner

Wow this certainly sounds like a powerful alliance. I wonder if their "guestimates" are going to improve??!

Jul 24, 2010 03:25 AM #19
Rainmaker
182,040
Sara Bonert
Zillow - Atlanta, GA
Real Estate Internet Marketing

Hey Paul - The exclusive Prudential deal with Yahoo expired years agol.  Today they were taking feeds from a number of sources, and yes Prudential was one of them.  Once the deal is in place, any home that is on Zillow will indeed by on Yahoo.  This includes all Prudential listings, as they are a feed partner of our today as well.

Harj - The relationship won't affect Zestimates, as it is an exposure play and not a data play.  However, Zestimates have already been on Yahoo for the past three years. 

Jul 24, 2010 04:15 AM #20
Rainmaker
135,650
Paul Francis
Francis Group Real Estate - Las Vegas, NV
Las Vegas Real Estate Agent - Summerlin Homes

LOL! I guess that tells you how often I looked / Paid Attention to Yahoo! Real Estate... ;)

Jul 24, 2010 04:38 AM #21
Rainer
85,188
Scott Silverstone
William Raveis Real Estate - New Haven, CT
www.CTProperty.com, Connecticut Luxury & Waterfront Realty

Can Zillow do anything to prevent WRONG information from being listed on Zillow.com?

I used to advertise on Zillow.  I had them remove my ads because I didn't want my name to be associated with incorrect information, outdated listings and incorrect listing prices.  My local MLS requires we update all listing information within 72 hours from our website.  Since most people feed into the MLS directly, this isn't a major issue.  Zillow was far off from this number, and refused to update listings after I contacted support to report that listings had sold or had price reductions.  I was also sick of customers asking, "why didn't you take me to this house?" when the property had sold months before the customer started looking for a home.

I love how the internet empowers consumers - but posting WRONG information doesn't help anyone.  It confuses the consumer, and makes real estate agents jobs harder.

FYI - I'm not referring to the "Zestimate" - The consumer understands this is an estimate.  My issue is when Zillow lists homes that are NOT for sale as active listings, and the lag of often months for updated information when homes have price reductions and closings.  Every other major website (Realtor.com, CTReal.com, Trulia & more) pulls this information from our MLS and gets it right.

 

 

Jul 24, 2010 05:26 AM #22
Rainmaker
182,040
Sara Bonert
Zillow - Atlanta, GA
Real Estate Internet Marketing

Hey Scott - When the listing comes out of the feed, it comes off of Zillow.  If you were to scroll to the very bottom of the listing detail page you'll see Listing Source=COMPANY.  Then you'd know that the listing is still active in that feed to know to pull it out of there. 

As a side about this, there are so many companies syndicating agent's listings these days.  My recommendation is to pick two that you trust and ask the rest to stop.  Then when something sells or has a price change, you only have to remember to update a couple of sources.  For example, when a house sells, it can be easy to forget to update a virtual tour site becaus you don't think of them being a syndicator.  Just a suggestion.

If you see something you'd like to edit on the site, you can also do that.  You just need to create a free account on the site.  It is important that the email address on the listing matches the email on profile.  When these match, we know to give you editting access.  So you could manually pull anything down that you'd like (also remember to take the listing out of the feed, otherwise it can get rewritten). 

Lastly, here is a scenerio I see happen a lot.  A listing gets posted to the site via a feed.  Then the agent goes and manually does something to the listing (like change a price).  At this point we need to sever the relationship with the feed.  If we didn't, your change would just get overriden the next time the feed ran.  So at that point, the listing is manually managed.  This means that any future changes, like a status change, need to be done manually.  It is optimal that changes be made at the feed source, not on Zillow itself.  That way the feed remains in control, and the agent doesn't have to maintain manual changes.

I hope this helps!  Please let me know if you require additional assistance.  I'd be glad to help.

Jul 24, 2010 05:37 AM #23
Rainer
45,032
Wendy McSteen
Spring Realty Inc. - Channahon, IL

Hi Sara:  This is great news and the main reason I signed up for the Advanced Marketing on Zillow.  I am all over zillow in my town...even other peoples listings (LOL).  I am hopeful this will produce some clients.  Thanks for the great info.

Jul 24, 2010 06:26 AM #24
Rainmaker
1,765,826
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Makes sense for two of the most popular real estate sites, and the integration provides some nice online leverage for agents. Thanks for this update, Sara!

Jul 24, 2010 06:33 AM #25
Rainmaker
361,563
Theresa Harden
EXIT Real Estate Associates - Honolulu, HI
PB SFR e-Pro Realtor

More exposure for our listings although our listings already syndicate to both Zillow and Yahoo! Maybe it will syndicate faster. Thanks for sharing.

Jul 24, 2010 06:43 AM #26
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